STELLAR TANKING JOB, JOE!

[PtldPlatypus]

yeah, that's fair and a 12B fee is ridiculous

but that doesn't mean JA has no reasons to slow-walk the process

here's a for instance: PA's art collection was sold for 1.5B. The article I read said that the sale price(s) really surprised a lot of people. That leads into estate valuation. The articles I read generally seemed to indicate that the executor had to supply an estimated appraisal of the estate value in a reasonable amount of time...like 3 to 6 months. OK. If that appraisal pegged the value of the collection at 700M in 2018. And 4 years later that collection sold for 1.5B, what is JA's fee based upon? the 700M or the 1.5B? My expectation would be the higher amount.

if a commercial property is appraised at 1M and it sells for 2M, then the market value of the property is set 2M and that's the basis for tax and depreciation. Which illustrates that maybe JA was playing the game to her advantage by waiting 4 years for the sale of the art

which leads into the Blazers. When PA died in 2018 the value of the Blazers was 1.3B

https://www.forbes.com/pictures/5a73949c31358e4955ac5752/16-portland-trail-blazers/?sh=30ceef5d3d13

the value of the Blazers last October was 3.08B. It may be over that currently, I don't know. But that points to a 1.8B gulf between when PA died and now. If JA's fee is 4% (most complicated trust in Washington history), then her fee at 1.3B would be 52M and her fee for 3.1B would be 124M. If that's how the fee is calculated, that kind of asset appreciation is plenty of incentive to slow the liquidation

If we're now concluding that the executor's fee would be solely a percentage of the estate valuation, and valuation is based on eventual sale value of the individual assets, then one might reasonably deduce that as much as she might benefit from "slow-walking" the process to increase asset value, the eventual beneficiary charities would benefit 25-30x as much. That would suggest that she's actually doing a great job in her role.

 

[barfo]

Paul is dead. Who is there to argue?

Only Ringo, I guess.

barfo

 

[wizenheimer]

If we're now concluding that the executor's fee would be solely a percentage of the estate valuation, and valuation is based on eventual sale value of the individual assets, then one might reasonably deduce that as much as she might benefit from "slow-walking" the process to increase asset value, the eventual beneficiary charities would benefit 25-30x as much. That would suggest that she's actually doing a great job in her role.

I'm not sure where the 25-30X came from, but fine

I never said JA was immoral or corrupt or venal. Just that she had financial incentive to make the process take more time than it could

 

[PtldPlatypus]

I'm not sure where the 25-30X came from, but fine

If she collects 3-4% on the sale, then the estate retains the other 96-97%... thus benefiting 25-30x more than she does from asset appreciation.

 

[wizenheimer]

If she collects 3-4% on the sale, then the estate retains the other 96-97%... thus benefiting 25-30x more than she does from asset appreciation.

understood...thanks.

sure; eventually, sooner or later, the charities will get theirs...providing the Vale Group doesn't invest it all in Enron

 

[Wizard Mentor]

 

[dviss1]

I never said I had faith in them to do anything. Was just asking if that did happen if you would change your mind.

Any success we have will be despite Cronin's presence. But no, after lying to Dame, and trading away the entire team, I would not change my mind about him. He's trash.

 

[TBpup]

I mistakenly posted this in the wrong thread:

dviss may be correct that it gets done by 2028, but I don't think that there's any "has to" date set in concrete. The last report I saw was this tweet (X?) from Rachel Bachman:




When Jody first addressed the subject in 2022, she said that her brother's estate was complex and that it wasn't unusual for it to take 10-20 years to wind up an estate like that. I don't think that there's any way that she sells the team before the new media deal is worked out. The current one ends after next season.

Large estates haven't prevented other franchises from selling in a MUCH MORE timely manner. M&As of much larger size happen all the time.

 

[Whyachi]

Any success we have will be despite Cronin's presence. But no, after lying to Dame, and trading away the entire team, I would not change my mind about him. He's trash.

Cronin got 2 votes for 2nd place Executive of the year. Each GM gets 1 vote (can't vote for yourself)

Boston said thanks for trading us All-Star Jrue Holiday for spare parts, and the Knicks said we love Josh Hart.

 

[e_blazer]

Large estates haven't prevented other franchises from selling in a MUCH MORE timely manner. M&As of much larger size happen all the time.

Just to be clear, I didn’t post that because I agreed with its statement, but rather just to point out that the league isn’t putting any pressure on Jodi’s slow roll in handling the disposition of the estate.

 

[Cugel]

...after lying to Dame...I would not change my mind about him. He's trash.

 

[Whyachi]

before the season started... did anyone peg rookie Camara, and sophmore Walker, playing more minutes then Anfernee Simons ??

mp:
Toumani 1739
Jabari 1700
Ant 1582

*bonus rookies
Murray 1348
Reath 1214

stealth tanking 101:
- make garbage time fun for everyone

 

[kjironman1]

before the season started... did anyone peg rookie Camara, and sophmore Walker, playing more minutes then Anfernee Simons ??

mp:
Toumani 1739
Jabari 1700
Ant 1582

*bonus rookies
Murray 1348
Reath 1214

stealth tanking 101:
- make garbage time fun for everyone

Tanks are heavy. You can't expect veterans to carry all that luggage!

 

[Whyachi]

I figured next season out.

Play starters home games only. Bench them all for the new rookies & Remix on road trips.

"I'll tell you what, some of these guys caught a cold, {cough cough}, they shouldn't even board an airplane."

A few tylenol, some soup, a few toradol & a couple days rest later....

"this new Blazer team is red hot and rolling! Let's go buy some tickets!"

 

[kjironman1]

 

[SharpesTriumph]

Now I get the rebuilding/tank process and am all for it.

But certainly feels like all the losing last season was a waste.

 

[Phatguysrule]

Now I get the rebuilding/tank process and am all for it.

But certainly feels like all the losing last season was a waste.

Nah, we have a #7 pick. There will almost certainly be a future All Star available. We need to do that 2 or 3 more times, and we need to pick the best player available.

We need to get rid if our vets so we don't have to blatantly tank, though.

 

[SharpesTriumph]

Nah, we have a #7 pick. There will almost certainly be an future All Star available. We need to do that 2 or 3 more times, and we need to pick the best player available.

We need to get rid if our vets so we don't have to blatantly tank, though.

Yeah agreed with getting rid of vets, send out all of them that we can get a pick for (Brogdon Grant) I'd explorer trading Ayton and Simons too. Get some vets to help the locker room but not guys that have value elsewhere as rotational players.

Then try 100% to win with all our young guys and any vets left. We probably end up with one of the 3 worst records in the league anyways. But none of this sitting guys with insignificant injuries or starting g league scrubs that don't belong in the league.

 

[Phatguysrule]

Yeah agreed with getting rid of vets, send out all of them that we can get a pick for (Brogdon Grant) I'd explorer trading Ayton and Simons too. Get some vets to help the locker room but not guys that have value elsewhere as rotational players.

Then try 100% to win with all our young guys and any vets left. We probably end up with one of the 3 worst records in the league anyways. But none of this sitting guys with insignificant injuries or starting g league scrubs that don't belong in the league.

Definitely need to send out Simons for the best first rounder we can get. 100%. That's his best value to us. We aren't going to be able to trade him for another player we'll need, IMO.

Best bet is trading him for a pick and turning that into the player we need.

 

[SharpesTriumph]

Definitely need to send out Simons for the best first rounder we can get. 100%. That's his best value to us. We aren't going to be able to trade him for another player we'll need, IMO.

Best bet is trading him for a pick and turning that into the player we need.

Yeah I think you explore trading Simons - but I wouldn't say we need to send him for the best X thing we can get. If we get more value than he would have here or likely in a trade later yes send him out. If not then keep him. I'd hate to send him out for a mediocre return now then see him flipped for much more just a few months into the season.

We should explore trading all of Brogdon, Grant, Simons, Ayton. Sure also explore Timelord and Thybulle trades too (I would think those last two have negative value though and are stuck here). No we shouldn't hold out for overvaluations of our players as Masai Ujiri or Daryl Morey often do. But we shouldn't just dump any of those first 4 for poor value either. Any one of those first four might not get enough in a trade return to warrant sending out this summer, that is fine. But I'd expect 2 or 3 of them are worth good value at some point this summer - and the Blazers should jump on those opportunities once any are available.

 

[Phatguysrule]

Yeah I think you explore trading Simons - but I wouldn't say we need to send him for the best X thing we can get. If we get more value than he would have here or likely in a trade later yes send him out. If not then keep him. I'd hate to send him out for a mediocre return now then see him flipped for much more just a few months into the season.

We should explore trading all of Brogdon, Grant, Simons, Ayton. Sure also explore Timelord and Thybulle trades too (I would think those last two have negative value though and are stuck here). No we shouldn't hold out for overvaluations of our players as Masai Ujiri or Daryl Morey often do. But we shouldn't just dump any of those first 4 for poor value either. Any one of those first four might not get enough in a trade return to warrant sending out this summer, that is fine. But I'd expect 2 or 3 of them are worth good value at some point this summer - and the Blazers should jump on those opportunities once any are available.

No, we shouldn't "dump" any assets. Trading Simons for the best first rounder we can get is the best we're going to get for him.

His value will only decline from here (probably not quickly) unless he transforms as a defender. And that's not going to happen.

Keeping him just sets us back further. Costs us opportunity to see and develop other guys.

If we can get a lotto pick for Simons we should jump on it.

 

[e_blazer]

No, we shouldn't "dump" any assets. Trading Simons for the best first rounder we can get is the best we're going to get for him.

His value will only decline from here (probably not quickly) unless he transforms as a defender. And that's not going to happen.

Keeping him just sets us back further. Costs us opportunity to see and develop other guys.

If we can get a lotto pick for Simons we should jump on it.

Having opinions is what a forum like this is all about. Presenting opinions as a list of established facts, however, tends to be a conversation killer.

 

[SharpesTriumph]

No, we shouldn't "dump" any assets. Trading Simons for the best first rounder we can get is the best we're going to get for him.

His value will only decline from here (probably not quickly) unless he transforms as a defender. And that's not going to happen.

Keeping him just sets us back further. Costs us opportunity to see and develop other guys.

If we can get a lotto pick for Simons we should jump on it.

Maybe a late pick now in a horrific draft is the best we can get for Simons or maybe its not, you have no way to be certain of that.

Totally disagree he costs us an opportunity - we've had G Leaguers starting here the last two years and we have one of the least talented rosters in the entire NBA. There are plenty of minutes available for young players here.

 

[Phatguysrule]

Having opinions is what a forum like this is all about. Presenting opinions as a list of established facts, however, tends to be a conversation killer.

Well, these are obviously my opinions or I would have probably included links to prove they were established facts.

It's alright, I won't be offended if you disagree.

 

[Sheldon Shape]

Maybe a late pick now in a horrific draft is the best we can get for Simons or maybe its not, you have no way to be certain of that.

Totally disagree he costs us an opportunity - we've had G Leaguers starting here the last two years and we have one of the least talented rosters in the entire NBA. There are plenty of minutes available for young players here.

Fairly rudimentary thinking. I can bet you the Blazers front office isn't thinking in terms of "horrific draft." They are thinking in terms of specific players. Does trading Ant for the rights to Clingan or another player accomplish what they're trying to do here? That's what they're thinking. Not meaningless terms like "horrific draft."

 

[Phatguysrule]

Maybe a late pick now in a horrific draft is the best we can get for Simons or maybe its not, you have no way to be certain of that.

Totally disagree he costs us an opportunity - we've had G Leaguers starting here the last two years and we have one of the least talented rosters in the entire NBA. There are plenty of minutes available for young players here.

I didn't say we should trade him for a late pick in this draft. The only pick in this draft I've said we should trade him for is #5.

I'm not even advocating that he has to be traded for a pick in this draft at all. I just think that we should look to move him for a draft pick. The best draft pick possible, and we should look to make that move sooner rather than later.

 

[SharpesTriumph]

I didn't say we should trade him for a late pick in this draft. The only pick in this draft I've said we should trade him for is #5.

I'm not even advocating that he has to be traded for a pick in this draft at all. I just think that we should look to move him for a draft pick. The best draft pick possible, and we should look to make that move sooner rather than later.

This post is more reasonable and yes I agree.

I replied to your comment saying "need to send out Simons for the best first rounder we can get." which I disagreed with.

 

[Phatguysrule]

This post is more reasonable and yes I agree.

I replied to your comment saying "need to send out Simons for the best first rounder we can get." which I disagreed with.

I don't think the best first rounder we can get is a late first rounder in what is expected to be one of the worst drafts in recent memory. So that wouldn't fit the criteria.

A future draft pick from any number of teams would be far more valuable to us, and probably far more attainable as well.

 

[oldfisherman]

Tanking has helped some teams win a few more games. But how many tanking teams won a ring?

A few playoff teams did the one year tank, due to injuries, got lucky, and won a ring.

But only one team, the Cavs, did the multi-year tank and won a ring.

It took the Cavs 4 years, with 3 #1 picks, to win a ring. Tanking for the #7 pick is not going to work.

With the changes to the draft lottery process. GMs better improve on their scouting, trading and drafting skills, and spend less time trying to lose games.